Baader Bank Reiterates €112.00 Price Target for SAP (SAP)

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SAP (ETR:SAP) received a €112.00 ($130.23) price objective from equities research analysts at Baader Bank in a research report issued to clients and investors on Monday. The firm currently has a “buy” rating on the technology company’s stock. Baader Bank’s price target points to a potential upside of 22.19% from the company’s previous close.

SAP has been the topic of a number of other research reports. Sanford C. Bernstein set a €115.00 ($133.72) price target on shares of SAP and gave the stock a “buy” rating in a report on Monday, January 21st. Credit Suisse Group set a €116.00 ($134.88) price target on shares of SAP and gave the stock a “buy” rating in a report on Wednesday, January 23rd. Kepler Capital Markets set a €100.00 ($116.28) price target on shares of SAP and gave the stock a “neutral” rating in a report on Monday, November 12th. Independent Research set a €100.00 ($116.28) price target on shares of SAP and gave the stock a “neutral” rating in a report on Wednesday, January 30th. Finally, JPMorgan Chase & Co. set a €110.00 ($127.91) price target on shares of SAP and gave the stock a “buy” rating in a report on Wednesday, January 23rd. Six equities research analysts have rated the stock with a hold rating and twenty have given a buy rating to the company. The stock has an average rating of “Buy” and an average target price of €110.68 ($128.70).

Shares of ETR:SAP opened at €91.66 ($106.58) on Monday. SAP has a one year low of €81.37 ($94.62) and a one year high of €100.70 ($117.09).

About SAP

SAP SE operates as an enterprise application software, and analytics and business intelligence company worldwide. It offers SAP HANA, which enables businesses to process and analyze live data; SAP Data Hub, a solution for businesses to manage data from various sources; SAP Cloud Platform, which enables businesses to connect and integrate applications; SAP BW/4HANA, a data warehouse solution; SAP Leonardo, a system that enables customers to make business sense and opportunity of disruptive technologies; and SAP Analytics Cloud, which leverages the intersection of business intelligence, planning, and predictive analytics.

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